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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Michael Close is £567,648 and the estimated rental value is £3,508 per month.
Michael Close, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
5, Michael Close has 2 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated June 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Michael Close is in very good condition we estimate a sale value of £596,031 and a rental value of £3,683 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £527,913 and a rental value of £3,262 per month.
Over the last 12 months the sale value of 5 Michael Close has decreased by an estimated £21,673 (3.8%) and its rental value has increased by an estimated £106 per month (3.0%), giving an expected gross yield of 7.4%.
According to data from HM Land Registry, 5, Michael Close sits on a plot of 77m2.
We have plot size data on 6 out of 6 other houses in the postcode and 5, Michael Close sits on the 3rd largest plot.
5, Michael Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2025.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 5, Michael Close was last sold on 4th September 2020 for £540,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2020, the market for similar properties has dropped 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Michael Close within a radius of 320 metres over the last 2 years.
The most recent example is 3, Michael Close, London, E3 4GG, a freehold house which sold for £520,000 on the 23rd November 2020.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Michael Close, London, E3 has a total of 6 addresses. According to our analysis of all the public data, 5, Michael Close is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in E3.
The nearest school is St Paul With St Luke CofE Primary Federation which is 390 metres away. The nearest train station is Mile End which is 500 metres away.
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